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AP World History B2
Modern World History B4
France Sim Group Page 2
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Taylor Boesiger, Ashley Earnest
France Sim Group Page
Global effects of industrialization
The continuing spread of industrialization beyond Europe and North America (TB)
Industrialization in Russia promoted by tsarist government
Between 1860 and 1900, built thirty-five thousand miles of railroads
Finance minister, Sergei Witte, promoted industry
Witte oversaw the construction of the trans-Siberian railroad
Reformed commercial law to protect industries and steamship companies
Promoted nautical and engineering schools
Encouraged foreign investors
By 1900 Russia produced half the world's oil, also significant iron and armaments
Industrialization in Japan also promoted by government
Hired thousands of foreign experts to establish modern industries
Created new industries; opened technical institutes and universities
Government-owned businesses then sold to private entrepreneurs (
zaibatsu
)
Japan was the most industrialized land in Asia by 1900
The international division of labor (AE)
Industrialization increased demand for raw materials
Nonindustrialized societies became suppliers of raw materials
Cotton from India, Egypt; rubber from Brazil, Malaya, and Congo River basin
Economic development better in lands colonized by Europe
High wages encouraged labor-saving technologies
Canada, Argentina, South Africa, Australia, New Zealand: later industrialized
Economic dependency more common in other countries
Latin America, sub-Saharan Africa, south Asia, and southeast Asia
Foreign investors owned and controlled plantations and production
Free-trade policy favored foreign products over domestic
World divided into producers and consumers
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Taylor Boesiger, Ashley Earnest
France Sim Group Page
Global effects of industrialization
The continuing spread of industrialization beyond Europe and North America (TB)
The international division of labor (AE)